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2122 York Rd 127,446 SF 31% Leased Office Building Oak Brook, IL 60523 For Sale
Investment Highlights
- Located in one of Chicago's major suburban hubs
- Ideal turnkey opportunity for educational, health care or traditional office users
- Athletico Corporate offices occupy third floor
- Ideal Owner/User Opportunity; First two levels are vacant with high end build out - former nursing/healthcare university
- Well designed for immediate owner/user, re-tenanting or redevelopment
- Price is subject to offer
Executive Summary
Clearwater Center is a premier, three-story, multi-tenant office building located at 2122 York Road in the heart of Oak Brook, Illinois. The property encompasses
approximately 127,446 rentable square feet and a total building SF of 168,275. Athletico currently maintains 34% occupancy, occupying the entire third floor as
its corporate headquarters.
Strategically situated at the high-traffic intersection of 22nd Street and York Road—Oak Brook’s main east-west retail corridor—Clearwater Center offers excellent accessibility and visibility. The site benefits from over 25,000 vehicles per day (VPD) on 22nd Street. A prominent monument sign and building signage provide strong identity opportunities for owners or anchor tenants.
Originally constructed in 1978, the building underwent a full-scale renovation in 2020, transforming it into a modern, Class A office facility. Amenities include a newly designed lower level featuring two state-of-the-art conference centers, a stylish tenant lounge with a fireplace and Wi-Fi access, and an outdoor tenant patio on the first floor. Expansive window lines provide scenic views of the Butler National Golf Club for the building and also close proximity to the Oak Brook Golf Club. Ample on-site and shared parking is available as part of the Clearwater Center Development, which includes retail and dining establishments such as Chipotle, Jason’s Deli, and Egg Harbor Café, as well as The Sheridan at Oak Brook.
Clearwater Center offers an excellent opportunity for an owner/user or investment buyer with significant upside potential through the lease-up of approximately 88,489 square feet of available space. The third floor is fully occupied by Athletico’s corporate headquarters, providing a stable income stream, while the first and second floors—recently vacated by Oak Point University—offer a turnkey opportunity for educational, healthcare training, or traditional office users.
The prior university buildout includes classrooms, training labs, administrative offices, and specialized healthcare spaces, making it ideal for immediate re-tenanting or redevelopment into multi-tenant layouts. There is also an additional 4,183 rentable square feet available on the lower level.
Property Facts
Amenities
- Property Manager on Site
Sustainability
Sustainability
ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.
Property Taxes
| Parcel Number | 06-24-308-015 | Improvements Assessment | $1,987,483 |
| Land Assessment | $1,178,737 | Total Assessment | $3,166,220 |
Property Taxes
